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Commodity Futures Trading Commission CFTC Chair Rostin Behnam asserted fiat-based stablecoins such as USD Coin USDC, Tether USDT, and Binance USD BUSD, all of which are pegged to an underlying fiat currency) should be considered as commodities.
Binance USD (BUSD) traded 0.2% higher against the dollar during the 1 day period ending at 10:00 AM ET on March 25th. One Binance USD coin can now be purchased for approximately $1.00 or 0.00002232 BTC on major exchanges. During the last seven days, Binance USD has traded 0% lower against the dollar. Binance USD […]
Binance USD (BUSD) traded down 0% against the US dollar during the 24-hour period ending at 14:00 PM E.T. on March 22nd. Binance USD has a market cap of $17.73 billion and approximately $5.85 billion worth of Binance USD was traded on exchanges in the last day. One Binance USD coin can currently be purchased […]
As Bitcoin and Ether tumbled down the value ladder on January 27, the majority of altcoins including Cardano, Solana, Ripple, and Polkadot followed them onto the loss trail. Only a few cryptocurrencies showed signs of recovery with marginal gains.